Westfield Band Boosters Association Inc

Analysis

Westfield Band Boosters Association Inc is a registered charity in United States, based in Westfield, IN. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Westfield Band Boosters Association Inc reported income of $468k and spending of $450k, spending 96% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $171k to $468k (+173%), an average of +40% a year. The sharpest change came in the year to May 2022, when income rose by 96%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Westfield Band Boosters Association Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include Jewish Orthodox Feminist Alliance Inc ($468k), Dallas Express Media ($468k) and Parlance Chamber Concerts Inc ($468k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 13% and program service revenue 33% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.